Huatai Securities, China's largest stock brokerage by trading volume, has raised HK$34.7 billion $4.5 billion on the Hong Kong Stock Exchange, pricing the listing at the top of the price range.
The broker, also known by the acronym HTSC, priced its 1.4 billion new H-shares at HK$24.8 per unit, qualifying the deal as the largest flotation in the Asia Pacific region this year.
Recent equity offerings by Chinese...